Why is Anmol India falling/rising?
As of 17-Nov, Anmol India Ltd's stock price is at 15.14, down 3.01%, and has fallen 6.25% over the last two days. The stock is underperforming significantly compared to the Sensex, with a year-to-date decline of 41.54% and trading below all major moving averages, indicating a bearish trend.
As of 17-Nov, Anmol India Ltd's stock price is currently at 15.14, reflecting a decrease of 0.47, or 3.01%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.25%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with a drop of 45.21% compared to the 5-day average, suggesting a decline in investor participation. The stock has experienced substantial losses over the year, with a year-to-date decline of 41.54%, which further underscores its struggles in the market.In the broader market context, Anmol India's recent performance contrasts sharply with the Sensex, which has gained 1.69% over the past week and 8.72% year-to-date. This stark difference highlights the stock's underperformance relative to the benchmark, as it has not only declined in the short term but also over longer periods, including a 47.12% drop over the past year. The lack of positive factors in the dashboard further emphasizes the challenges facing Anmol India, contributing to its current downward trajectory in a market that is otherwise showing resilience.
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